Category: deduction

Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland

Tax Form to Report Revenues From Cryptocurrency Trading Issued in PolandAuthorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Polish […]

The post Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland appeared first on Bitcoin News.

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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges

South Korea Plans to End Major Tax Benefits for Bitcoin ExchangesThe South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. The regulators have also been considering imposing capital gains tax on the sale of cryptocurrencies. Also read: Yahoo! Japan Confirms […]

The post South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges appeared first on Bitcoin News.

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